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Colombia Candle Market Report and Forecast 2025-2034

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    Report

  • 119 Pages
  • May 2025
  • Region: Colombia
  • Expert Market Research
  • ID: 6096622
The Colombia candle market size is projected to grow at a CAGR of 4.10% between 2025 and 2034.

The Colombiacandle marketgrowth is driven by the surging popularity of scented candles, the expansion of online stores, and increased consumer investment in home decor. Scented candles are driving the market as they provide fragrance, create a soothing atmosphere, and illuminate the surroundings. The demand for candles from restaurants and spas is also expected to contribute to the market growth. Festivities like Christmas and Día de la Velita play a significant role in driving sales, with locals contributing more during these seasons, creating opportunities for market expansion and substantial revenue generation.

As per the Colombia candle market analysis, the integration of 3D printing technology into the candle manufacturing sector has revolutionised the way manufacturers create and design their products. Traditionally, candle making involved manual labour and limited design options. However, with the advent of 3D printing, manufacturers can now create intricate and complex designs that were previously unimaginable. This technology enables them to experiment with various shapes, patterns, and textures, giving rise to a whole new level of artistic expression in the market.

Furthermore, the expansion of online platforms presents an excellent opportunity for candle manufacturers to expand their consumer base. Online stores offer a wide range of products, allowing people to compare prices and purchase a variety of candles at affordable rates.

Market Segmentation

Colombia Candle Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Pillars
  • Votive
  • Tapers
  • Container Candles
  • Others

Market Breakup by Raw Material

  • Beeswax
  • Palm Wax
  • Soy Wax
  • Paraffin Wax
  • Others

Market Breakup by Distribution Channel

  • Online
  • Offline

Competitive Landscape

The market participants are directing their attention towards the manufacturing of fragrant candles, while simultaneously striving to make sustainable products using materials like beeswax in order to attain a competitive advantage.

  • Bath & Body Works Direct, Inc.
  • S.C. Johnson and Son,
  • Velas Luz de America
  • CERERÍA SAGRADO CORAZÓN
  • Standard Commerce Company SAS (The Candle Shop)
  • VELAS Y VELONES CRISTAL SAS
  • CERERÍA LA NACIONAL
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Candle Market Overview
5.1 Key Industry Highlights
5.2 Latin America Candle Historical Market (2018-2024)
5.3 Latin America Candle Market Forecast (2025-2034)
5.4 Latin America Candle Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Colombia
5.4.5 Others
6 Colombia Candle Market Overview
6.1 Key Industry Highlights
6.2 Colombia Candle Historical Market (2018-2024)
6.3 Colombia Candle Market Forecast (2025-2034)
7 Colombia Candle Market by Product Type
7.1 Pillars
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Votive
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Tapers
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Container Candles
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Colombia Candle Market by Raw Material
8.1 Beeswax
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Palm Wax
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Soy Wax
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Paraffin Wax
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Others
9 Colombia Candle Market by Distribution Channel
9.1 Online
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Offline
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code: 333)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Bath & Body Works Direct, Inc.
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 S.C. Johnson and Son,
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 Velas Luz de America
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 CERERÍA SAGRADO CORAZÓN
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 Standard Commerce Company SAS (The Candle Shop)
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 VELAS Y VELONES CRISTAL SAS
14.5.6.1 Company Overview
14.5.6.2 Product Portfolio
14.5.6.3 Demographic Reach and Achievements
14.5.6.4 Certifications
14.5.7 CERERÍA LA NACIONAL
14.5.7.1 Company Overview
14.5.7.2 Product Portfolio
14.5.7.3 Demographic Reach and Achievements
14.5.7.4 Certifications
14.5.8 Others

Companies Mentioned

  • Bath & Body Works Direct, Inc.
  • S.C. Johnson and Son,
  • Velas Luz de America
  • CERERÍA SAGRADO CORAZÓN
  • Standard Commerce Company SAS (The Candle Shop)
  • VELAS Y VELONES CRISTAL SAS
  • CERERÍA LA NACIONAL